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Highland Copper Awards Front-End Engineering and Design (Feed) Packages to Dra Global

Corporate Updates

January 15, 2025

TSX.V : HI | OTCQB : HDRSF Page 1 of 2

HIGHLAND COPPER AWARDS FRONT-END ENGINEERING AND DESIGN (FEED) PACKAGES TO

DRA GLOBAL

Vancouver, Canada, January 15, 2025. Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF)

(“Highland” or the “Company”) is pleased to announce the awarding of the Front-End Engineering

and Design (FEED) contracts for both the Mine Engineering and the Process Plant Engineering of its

flagship Copperwood Project (the “Project” or “Copperwood” ) to DRA Global ("DRA"), a leading

multi-disciplinary engineering group.

This milestone marks a significant step forward in the development of Highland Copper’s fully

permitted Copperwood Project. The selection of DRA Global reflects Highland Copper’s

commitment to working with globally recognized experts to ensure the successful and responsible

execution of its operations. With a proven track record of excellence in mine and process plant

engineering, DRA will provide detailed designs and specifications that will form the foundation of

Copperwood's construction and operational phases.

“We are excited to partner with DRA Global on these critical FEED packages,” said Barry O’Shea,

CEO of Highland Copper. “DRA’s expertise in designing and optimizing mining operations aligns

well with our vision of building a n efficient and environmentally responsible project. This

collaboration is a key step in advancing Copperwood toward a construction decision.”

Pierre Julien, President of DRA Americas, commented, “ We are pleased to support the

Copperwood Project, which provides an excellent opportunity to leverage DRA’s extensive

expertise in copper mine design and process plant design. This collaboration highlights our

dedication to delivering tailored engineering solutions and project management while working

closely with Highland Copper to achieve their project objectives.”

The Company has adopted a phased approach to engineering with the initial step of finalizing

design criteria for critical areas and assessing key opportunities to improve the Project. The FEED

work will focus on optimizing and advancing the mine and process design , with continued

consideration for minimizing environmental impact. As part of the FEED process, Highland Copper

will finalize the Project’s capital cost estimates and development schedule, paving the way for a

construction decision.

About Highland Copper Company

Highland Copper Company Inc. is a Canadian company focused on exploring and developing

copper projects in the Upper Peninsula of Michigan, U.S.A. The Company owns the Copperwood

deposit through long-term mineral leases and 34% of the White Pine North proje ct through a joint

venture with Kinterra Copper USA LLC. The Company also owns surface rights securing access to

TSX.V : HI | OTCQB : HDRSF Page 2 of 2

the Copperwood deposit and providing space for infrastructure at Copperwood as required. The

Company has 736,363,619 common shares issued and outstanding. Its common shares are listed

on the TSX Venture Exchange under the symbol "HI" and trade on the OTCQB Venture Market under

the symbol "HDRSF."

More information about the Company is available on the Company’s website at

www.highlandcopper.com and on SEDAR+ at www.sedarplus.ca.

About DRA Global

DRA Global is an international engineering, project delivery, and operations management group

specializing in the mining, minerals processing, and metals sectors. With a global footprint and

extensive expertise, DRA delivers tailored solutions to meet the unique needs of its clients. In the

Americas, DRA has been instrumental in delivering numerous successful mining projects, offering

a blend of innovative design and a commitment to environmental sustainability.

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward -looking statements” and “forward -looking information” (collectively

“forward-looking statements”) within the meaning of applicable Canadian securities legislation. These

statements include, without limitation, statements with respect to: (i) the anticipated delivery of detailed

designs and specifications for the Copperwood Project by DRA; (ii) the Company’s phased approach to

engineering; and (iii) the anticipated results the FEED work, including its importance in leading to a

construction decision. There is no guarantee that the FEED work will be completed as anticipated, that the

FEED work will result in finalized capital costs or development schedule or lead to a positive construction

decision. Although the Company believes that the assumptions and factors used in preparing the forward -

looking statements in this news release are reasonable, undue reliance should not be placed on forward

looking statements. All forward-looking statements in this press release are based on information available

to the Company as of the date hereof, and the Company undertakes no obligation to update forward-looking

statements except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or

accuracy of this release.

For further information or media requests, please contact:

Barry O’Shea, CEO

Email: [email protected]

Website: www.highlandcopper.com